FORT LAUDERDALE | 199 Northwest 5th Avenue | 364 FT | 36 FLOORS

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New York-Based Developers Propose A 36-Story Residential Tower For 199 NW 5th Avenue In Fort Lauderdale

A pair of New York-based developers have filed plans with the Development Review Committee of the City of Fort Lauderdale seeking approvals for the construction of a new residential high rise building at 199 Northwest 5th Avenue. The building would rise 364-feet and span 36 stories, featuring designs by Fort Lauderdale-based Dorsky + Yue International Architecture and landscaping by Architectural Alliance Landscape. Station Village Development, LLC, a joint venture between Acquest Development (Acquest) of Williamsville, NY and Uniland Development Company (Uniland) of Amherst, NY, is listed as the owner of the application. Plans for the development include 432,800 square feet of new construction which would yield 400 residential units, 4,798 square feet of ground floor retail space and a parking structure for up to 550 vehicles.

The interior lot is located in a prime location within Fort Lauderdale’s Downtown Regional Activity Center near Flagler Village, mainly fronting Northwest 5th Avenue and bound by Northwest 2nd Street on the North, Northwest 6th Avenue on the West and West Broward Boulevard on the South. Acquest and Uniland, two of the biggest real estate developers in Buffalo, NY, assembled the 1.12-acre development site last year, spending just over $8 million for 3 lots spanning 49,000 square feet on the northwest portion of the city block. The development is located near other major projects coming to Fort Lauderdale including the 4.2-acre Broward Crossing mixed-use mega development by Kushner Companies and Aimco, and BH3’s DNA project at 300 and 330 North Andrews Avenue comprised of two 500-foot-tall mixed-use tower. Most importantly, the project would rise just two blocks east of the Brightline Fort Lauderdale Station.

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